Cloud Engines Receives $15,000,000 New Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7a584a46-3a20-4a84-8c9b-aafa4d5a18ef&Preview=1 -
Date
12/21/2010 -
Company Name
Cloud Engines -
Mailing Address
480 Pacific Avenue San Francisco, CA 94133 -
Company Description
Founded in 2007 by experienced entrepreneurs from the digital media and security industries, Cloud Engines is located in San Francisco, California. The company was formed with a mission to change the way personal content is stored and distributed over the Internet. The Cloud Engines philosophy is that by making a product simple, open and affordable, the community will participate in making it better. -
Website
http://www.cloudengines.com -
Transaction Type
Venture Equity -
Transaction Amount
$15,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The capital will be used to continue to expand the global distribution of the Pogoplug service and devices. -
M&A Terms
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Venture Investor
Morgan Stanley Venture Partners -
Venture Investor
SoftBank Capital
